Gold prices fell 0.1 per cent to Rs 27,641 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators.
On the Multi Commodity Exchange, gold for delivery in August alleviated by Rs 27 or 0.1 per cent to Rs 27,641 per 10 grams in a business turnover of 287 lots.
Similarly, the metal for delivery in far-month October drop Rs 24 or 0.09 per cent to Rs 27,725 per 10 grams in 8 lots.
According to Analysts, besides a weak trend in the overseas markets on signs that a rally to a two-month high dampened the physical and investment demand, profit-booking by speculators too put pressure on gold prices at the futures trade here.The yellow metal, Worldwide lost 0.4 per cent to $1,310.19 an ounce in Singapore today.